Jiangsu Nata Opto-electronic Material Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 794.42 million compared to CNY 815.92 million a year ago. Revenue was CNY 826.24 million compared to CNY 847.1 million a year ago.
Net income was CNY 152.24 million compared to CNY 144.4 million a year ago. Basic earnings per share from continuing operations was CNY 0.2809 compared to CNY 0.2666 a year ago.
Jiangsu Nata Opto-electronic Material Co., Ltd. is principally engaged in the research, development, production and distribution of metal organic sources (MO sources). The Company mainly provides trimethyl gallium, trimethyl indium, triethyl gallium, trimethyl aluminium and cyclopentadienyl magnesium, among others. The Company's products are mainly used in the manufacturing of light emitting diode (LED) , solar energy batteries, phase change memories, semiconductor laser equipment, as well as radio frequency integrated circuit chips, among others. Its products are mainly applied in semiconductor lighting, information communication and aerospace industries. The Company distributes its products within domestic market and to overseas markets.
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